Bumble Inc. (BMBL)
| Market Cap | 1.32B |
| Revenue (ttm) | 1.05B |
| Net Income (ttm) | -4.21M |
| Shares Out | 129.42M |
| EPS (ttm) | -0.03 |
| PE Ratio | n/a |
| Forward PE | 15.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,040,855 |
| Open | 10.18 |
| Previous Close | 10.24 |
| Day's Range | 10.07 - 10.31 |
| 52-Week Range | 9.94 - 21.06 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 17.07 (+67.68%) |
| Earnings Date | May 8, 2024 |
About BMBL
Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that... [Read more]
Financial Performance
In 2023, Bumble's revenue was $1.05 billion, an increase of 16.42% compared to the previous year's $903.50 million. Losses were -$4.21 million, -94.72% less than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for BMBL stock is "Buy." The 12-month stock price forecast is $17.07, which is an increase of 67.68% from the latest price.
News
Bumble Inc. to Announce First Quarter 2024 Financial Results on May 8, 2024
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that it will report financial results for the first quarter ending March 31, 2024, following the close of market on Wednesday...
Bumble founder Whitney Wolfe Herd wins men's bracket in $1M March Madness competition, picking 43 of 63 games
Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg's men's March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket...
Bumble reducing its workforce by 37%
Bumble is giving 350 of its workers the ax, the dating app company said on Tuesday. Impacted workers started receiving notification on Wednesday.
Bumble Inc. to Participate in Morgan Stanley Technology, Media & Telecom Conference
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conference: Morgan Stanley Technology, Media & Telecom Conference ...
Bumble laying off 350 workers, 30% of dating app's workforce
Bumble announced plans to lay off 350 employers on Tuesday, reducing its headcount by 30% as part of a larger restructuring plan.
Bumble slumps as CEO signals need for app revamp after poor earnings
Bumble shares slumped about 10% on Wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companion...
Dating app Bumble to lay off about 37% of workforce as it looks to drive growth
Online-dating company Bumble Inc. will lay off approximately 350 workers — about 37% of its workforce — as part of a restructuring plan.
Bumble cuts ~350 employees as dating apps face a reckoning
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue.
Bumble to lay off 350 employees, or about 37% of its workforce
Bumble announced plans to lay off around 350 employees in its fourth-quarter report Tuesday.
Bumble forecasts first-quarter revenue below estimates
Bumble on Tuesday forecast first-quarter revenue below Wall Street estimates, anticipating stiff competition from Tinder-parent Match Group amid slowing user spend on dating apps in an uncertain econo...
Bumble Inc. Announces Fourth Quarter and Full Year 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today reported financial results for the fourth quarter and full year ended December 31, 2023. “Today, we announced solid full-year results a...
Bumble Inc. Transforms Executive Leadership Team, Setting the Stage for the Next Chapter of Growth
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced the transformation of the company's executive leadership team with the appointment of four seasoned executives to enable and ...
Bumble Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that it will report financial results for the fourth quarter and full year ending December 31, 2023, following the close of m...
Bumble Inc. Launches Deception Detector™: An AI-Powered Shield Against Spam, Scam and Fake Profiles
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. has announced Deception Detector™, Artificial Intelligence (AI) to help identify spam, scam and fake profiles.
Bumble Taps AI to Take Sting Out of Catfishing
Bumble is employing artificial intelligence (AI) to ensure its dating profiles aren't, well, artificial. “Our most recent research made one thing very clear: our members are anxious about the authenti...
Goodfood and Bumble are cooking up romance this winter with new 3rd Date Meal-Kits
The limited-edition meal-kits will be available to help Canadians host a fool-proof date night in The limited-edition meal-kits will be available to help Canadians host a fool-proof date night in
Match Group, Grindr, Bumble: are these dating apps stocks good buys?
Dating apps are not doing well as growth slows after booming during the Covid-19 pandemic. This view is confirmed by the performance of dating app stocks in the United States.
Bumble For Friends Adds “Plans” and AI-powered Conversation Starters to Make it Easier to Connect with Friends
AUSTIN, Texas--(BUSINESS WIRE)-- #BumbleForFriends--Friendship app Bumble For Friends is adding two product features: Plans and AI-powered conversation starters.
Bumble Inc. to Participate in Upcoming Investor Conferences
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conferences: UBS Global Technology Conference Scottsdale, AZ Tuesd...
Bumble's founder hopes to use AI to prevent toxic relationships before they happen
On the latest episode of the ‘Leaders in Innovation' podcast, founder Whitney Wolfe Herd explains how AI could revolutionize online dating again. It's been almost a decade since the dating app Bumble—...
Bumble Personalizes Subscriptions to Reach Gen Z Daters
In an effort to get Generation Z consumers paying for its dating app, Bumble is rolling out subscription plans that are shorter-term and more personalized. On a call with analysts Tuesday (Nov.
Bumble Inc. Announces Third Quarter 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today reported financial results for the third quarter ended September 30, 2023. “Our strong third quarter results reflect our powerful brand...
Bumble Shares Drop as Founder Whitney Wolfe Herd Will Resign as CEO January 2
Bumble (BMBL) shares tumbled as the operator of the woman-focused dating app announced that founder Whitney Wolfe Herd would be stepping down as CEO, effective January 2.
Dating Apps Need to Rekindle Romance With Wall Street
Bumble's new chief, Lidiane Jones, shouldn't take it too personally that investors are swiping left.
Bumble cofounder Whitney Wolfe Herd is stepping down as CEO. Take a look at her career and lavish life.
When Wolfe Herd took Bumble public in 2021, she became the youngest female CEO to make such a move. Before Bumble, Wolfe Herd cofounded rival dating app Tinder.